After reading this article you will learn about:- 1. Functions (Scope) of Breakeven Chart 2. Construction of Breakeven Chart 3. Interpretations and Analysis 4. Procedure to Draw 5. Limitations. Functions (Scope) of Breakeven Chart: 1. A breakeven chart is an aid to management and it depicts a clearer view of the position of a business. 2. It is one of [...]
The characteristic features of co-operative form of organisation are as follows: 1. Voluntary Association 2. Democratic Set-Up 3. Service Motive 4. No Exploitation 5. Concept of Equality 6. Each for Every One 7. Spirit of Self-Help 8. Wider-Interests of Community Looked after 9. No Place for Middlemen 10. Disposal of Surplus. Feature # 1. Voluntary Association: It is a voluntary [...]
After reading this article you will learn about:- 1. Introduction to Promotion of a Product 2. Promotion as Communication 3. Growth of Promotion and Advertising. Introduction to Promotion of a Product: When a company develops a new product, changes an old one or simply wants to increase sales of an existing product or service, it must transmit its selling messages [...]